ASI Market Report

Market Summary, Week ending Jan. 11, 2019

Feeder Prices, 60-90 lbs. ($/cwt.), San Angelo, TX (Dec. 28): $160-$212, St. Onge-Newell, SD: $173-$209; Billings, MT (Dec. 17): $172-$199.

Slaughter Prices – Live, negotiated, 132-175 lbs. $133.66 per cwt.

Slaughter Prices – Formula, 78.90 lbs. carcass weight $260.67 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 78.02 lbs. carcass weight $262.21 per cwt.

Equity Electronic Auction, 110-140 lbs. $133; 100-130 lbs. ram lambs $129.50.

Cutout Value/Net Carcass Value (1), $330.00 per cwt.

Carcass Price, Choice and Prime, YG 1-4, weighted average prices ($/cwt.), No prices reported.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4” Loins 520.15, Rack, roast-ready, frenched (cap-on) 1,632.50, Rack, roast-ready, frenched, special (cap-off) 2,197.17, Leg, trotter-off, partial boneless 502.20, Shoulder, square-cut 274.53, Ground lamb 576.11.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,222.88, AUS Shoulder (fresh, square-cut) 318.12, AUS Leg (fresh, semi boneless) NA, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,311.89, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 1,255.80, AUS Shoulder (frozen, square-cut) 283.40.

Exported Adult Sheep, 0 head

Wool, ($/pound clean), delivered FOB (from 5 weeks ago), 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) NA, 22 micron (Grade 64s) 5.82-5.91, 23 micron (Grade 62s) 5.25, 24 micron (Grade 60-62s) 3.90, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 3.30, 27 Micron (Grade 54-56s) NA, 28 micron (Grade 54s) NA, 30 micron (Grade 50s) NA, 32 micron (Grade 46-48s) NA, Merino Clippings NA.

Australian Wool, ($/pound clean), delivered FOB, 18 micron (Grade 80s) 6.03-6.84, 19 micron (Grade 80s) 5.71-6.48, 20 micron (Grade 70s) 5.60-6.35, 21 micron (Grade 64-70s) 5.53-6.27, 22 micron (Grade 64s) 5.50-6.23, 23 micron (Grade 62s) 5.35-6.06, 24 micron(Grade 60-62s) NA, 25 micron (Grade 58s) 3.67-4.15, 26 micron (Grade 56-58s) 3.22-3.65, 28 micron (Grade 54s) 2.29-2.60, 30 micron (Grade 50s) 1.84-2.08, 32 micron (Grade 46-48s) 1.30-1.48, Merino Clippings 2.99-3.39.

(1) The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs.